Goldman On What To Expect From Today's Critical FOMC Minutes Releasehttp://www.businessinsider.com/goldmans-fomc-minutes-preview-2012-4/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Fri, 18 Aug 2017 02:03:45 -0400Joe Weisenthalhttp://www.businessinsider.com/c/4f7b2d7a6bb3f74b5c00002cMajorTue, 03 Apr 2012 13:03:54 -0400http://www.businessinsider.com/c/4f7b2d7a6bb3f74b5c00002c
The Fed does drag out its well-worn fig leaf of "supporting employment" when it runs out of plausible reasons for further "juicing of the market."
The correlation between Fed Easing and S&P 500 growth is lock-step. Unfortunately the correlation of growth in The Market with job growth is now solidly negative. See Employment ratio vs. the S&P 500.
It should have been expected-- that there no reason to expect increasing employment from helicopter drops of "free money," to use for Wall Street’s commodity and currency speculators. Ditto for low interest rates in general.http://www.businessinsider.com/c/4f7b2a9becad04de0a00001dMajorTue, 03 Apr 2012 12:51:39 -0400http://www.businessinsider.com/c/4f7b2a9becad04de0a00001d
is different this time
Actually, there is an eerie precident if you look at monetary velocity, normalized as GDP divided by the size of the monetary base ot to show "Annual Turns" of the monetary base.
It's easily charted on <a href="http://research.stlouisfed.org/fredgraph.png?g=5zI" target="_blank">http://research.stlouisfed.org/fredgraph.png?g=5zI</a>http://www.businessinsider.com/c/4f7af8ebeab8eaff3000001fjamesusnvetTue, 03 Apr 2012 09:19:39 -0400http://www.businessinsider.com/c/4f7af8ebeab8eaff3000001f
"In Fed officials' discussion of the economic outlook we expect a focus on the labor market, and why job growth appears to be outpacing GDP."
Easy enough to answer, because most of the jobs being created are part time McJobs with crappy pay. With jobs it is not just quantity but quality that counts.http://www.businessinsider.com/c/4f7ae9146bb3f7975a00005acnbs stockhuckster wearing bow tieTue, 03 Apr 2012 08:12:04 -0400http://www.businessinsider.com/c/4f7ae9146bb3f7975a00005a
Everyday we have to listen to some FED B. S..
I wish they would just shut up.http://www.businessinsider.com/c/4f7adc3eeab8eacb76000010Steve ThompsonTue, 03 Apr 2012 07:17:18 -0400http://www.businessinsider.com/c/4f7adc3eeab8eacb76000010
The Fed's efforts to stimulate the economy have been ineffective largely because we are experiencing a liquidity trap as shown here:
<a href="http://viableopposition.blogspot.ca/2012/04/slowing-velocity-of-money-what-is-it.html" target="_blank">http://viableopposition.blogspot.ca/2012/04/slowing-velocity-of-money-what-is-it.html</a>
The velocity of money has reached 50 year lows telling us that something in the economy is different this time and that changes lie ahead.